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Know these covered losses and exclusions after a collapse

After part of a commercial building or residence collapses, you have to determine the cause of the loss to determine the coverage.

By FC&S Editors | Updated on May 31, 2017

Question: The insured was using a hydraulic platform, which was permanently attached to part of a building. During the course of his business operations, the platform started making some noises and all of a sudden collapses, suffering major structural damage to its components. Our client has the benefit of a Commercial Package Policy with Causes of Loss Form, or Special Form — CP 10 30 (10-12). We submitted the claim under its D. Additional Coverage — Collapse Clause, and found that under this additional coverage there are no applicable exclusions to this loss. Is this a covered loss?

— Puerto Rico Subscriber

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